Solenis to Increase Prices on all Wet Strength and Sizing Product Lines in North America

June 12, 2017

FOR IMMEDIATE RELEASE

WILMINGTON, Del. (USA) — Solenis, a leading global producer of specialty chemicals, will increase prices by seven percent on most (AKD) sizing products and all wet strength products across the North America region, effective immediately or as customer contracts allow. The price increase is necessary due to the increase in certain raw material costs combined with a tightening overall global supply chain.

"We are unable to absorb the impact of the increased costs that we are currently experiencing but we will continue to work in partnership with our customers to help mitigate the increases", said Jose Santolaya, global product director, Functional Chemicals, Pulp and Paper.

Solenis remains committed to controlling costs through process improvements to deliver high value, innovative solutions that our customers have come to expect, said Wanderley Flosi, vice president North America, Pulp and Paper.

<div class="line">&nbsp;</div> <h2>About Solenis</h2> <p>Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including consumer, industrial, institutional, food and beverage, and pool and spa water markets. Owned by Platinum Equity, the company&rsquo;s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives, and cleaners and disinfectants, as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, minimize environmental impact, and create cleaner and safer environments. Headquartered in Wilmington, Delaware, the company has 70 manufacturing facilities strategically located around the globe and employs a team of over 15,400 professionals in 130 countries across six continents. Solenis is a 2023 US Best Managed Company.</p> <p>For additional information about Solenis, please visit <a href="https://solenis.com/en/">www.solenis.com</a> or follow us on social media.</p>

FOR FURTHER INFORMATION

Global

Catherine (Katy) Abernathy

Vice President, Corporate Communications